Annual Report for City of Wilmot as of and for the Year Ended December 31, 2025
Annual Report for City of Wilmot as of and for the Year Ended December 31, 2025
GOVERNMENTAL FUNDS - MODIFIED CASH BASIS
GENERAL Total
FUND Governmental
Funds
Revenues and Other Sources:
Taxes:
Property Taxes 135,540.00 135,540.00
General Sales and Use Taxes 166,143.00 166,143.00
Penalties and Interest on Delinquent Taxes 300.00 300.00
Licenses and Permits 1,750.00 1,750.00
Intergovernmental Revenue:
State Grants 1,800.00 1,800.00
State Shared Revenue 29,500.00 29,500.00
County Shared Revenue 577.00 577.00
Charges for Goods and Services:
Sanitation 60,800.00 60,800.00
Culture and Recreation 3,500.00 3,500.00
Fines and Forfeits:
Library 5,660.00 5,660.00
Miscellaneous Revenue and Other Sources:
Investment Earnings 1,000.00 1,000.00
Rentals 4,900.00 4,900.00
Special Assessments 7,458.00 7,458.00
Liquor Operating Agreement Income 17,600.00 17,600.00
Other Revenues 1,000.00 1,000.00
TOTAL REVENUE AND OTHER SOURCES 437,528.00 437,528.00
Expenditures and Other Uses:
Legislative 12,980.00 12,980.00
Executive 8,654.00 8,654.00
Elections 700.00 700.00
Financial Administration 110,699.00 110,699.00
Other General Government 2,000.00 2,000.00
Fire 23,650.00 23,650.00
Highways and Streets 154,815.00 154,815.00
Sanitation 41,699.00 41,699.00
Humane Society 2,100.00 2,100.00
Parks 5,085.00 5,085.00
Libraries 25,170.00 25,170.00
Auditorium 18,400.00 18,400.00
Economic Development and
Assistance 1,250.00 1,250.00
Other Expenditures 21,876.00 21,876.00
Liquor Operating Agreements 8,450.00 8,450.00
TOTAL EXPENDITURES AND OTHER USES 437,528.00 437,528.00
PROPRIETARY FUNDS - MODIFIED CASH BASIS
Water Fund Sewer Fund
Beginning Balance 0.00 0.00
Revenues 158,708.00 1,899,958.00
Expenses (16,272.00) (41,811.00)
Transfers In (Out) 0.00 0.00
Ending Balance:
Restricted for:
Revenue Bond Debt Service 16,272.00 221,004.00
Revenue Bond Retirement 105,043.00 72,779.00
Unrestricted 65,775.00 76,682.00
The preceding financial data does not include fiduciary funds or component units. Information pertaining to those activities may be obtained by contacting the municipal finance officer at 605-938-4811.
Municipal funds are deposited as follows:
Minnwest Bank, Wilmot
Published once at an approximate cost of $109.02 and can be viewed free of charge at www.sdpublicnotices.com.
